Gold STRATEGY
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1655 $ an ounce, then above 1670 $ it can test the level of 1695$/1715 $ an ounce. And in MCX Gold above 26700 it can test the level of 26900/27100/27400. Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1530$ and 1470$.
Major resistance for COMEX Gold in the coming week is 1840$ and 1880$
Major support in MCX Gold is 24900 and 24500
Major resistance in MCX Gold is 28300 and 28800
Silver STRATEGY
Technically COMEX Silver is weak on charts. For the next week traders can use buy on lower level strategy if Silver sustains above the level of 3150$ an ounce, then above 3180$ COMEX Silver can test the level of 3240/3290$ an ounce. And in MCX Silver sustains above 53200 then it can test the level of 54200/55500/56800, Trade by keeping the proper stop losses.
Get Intraday and Positional Tips on Mobile
For the next week traders can use buy on lower level strategy if COMEX Gold sustains above 1655 $ an ounce, then above 1670 $ it can test the level of 1695$/1715 $ an ounce. And in MCX Gold above 26700 it can test the level of 26900/27100/27400. Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1530$ and 1470$.
Major resistance for COMEX Gold in the coming week is 1840$ and 1880$
Major support in MCX Gold is 24900 and 24500
Major resistance in MCX Gold is 28300 and 28800
Silver STRATEGY
Technically COMEX Silver is weak on charts. For the next week traders can use buy on lower level strategy if Silver sustains above the level of 3150$ an ounce, then above 3180$ COMEX Silver can test the level of 3240/3290$ an ounce. And in MCX Silver sustains above 53200 then it can test the level of 54200/55500/56800, Trade by keeping the proper stop losses.
Get Intraday and Positional Tips on Mobile
